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IAG says summer capacity to rise but uncertainty remains

·1 min read

LONDON, July 30 (Reuters) - British Airways-owner IAG said summer capacity would rise to 45% from 22% in the previous quarter, in the latest sign that a travel recovery is underway, although the group said it was uneven and uncertainty remained.

Low levels of flying due to ongoing pandemic restrictions meant that for the the three months to the end of June, IAG reported an underlying operating loss of 1.045 billion euros ($1.24 billion), in line with a consensus forecast for a 1.036 billion euros loss. ($1 = 0.8418 euros) (Reporting by Sarah Young; editing by Guy Faulconbridge)